[Jewelry making - Article 00631] - Re: [Orchid] Buying Equipment in Australia

[Liana Hanson]

========[ Invite a Friend - http://www.ganoksin.com/invite.htm  ]========

Terrance,

    A reseller of equipment or material must mark up all expenses
    including freight or they will lose profit margin.  Once you decide
    your profit margin, the amount you need to run your business, you
    mark up all costs by that amount.  If you don't, the profit margin
    drops.  Eventually you go out of business. 

    I am a big proponent of buying locally unless whatever you need is
    not available locally.  If you assume that local suppliers are out to
    cheat you by over charging for their material, they can assume the
    same thing of you when you add profit for something as nebulous as
    "one of a kind, and made by an artist" to your work.  People at Rio
    and in Germany are not likely to buy your work.  My point is, buy
    from the people that are likely to buy from you and don't assume that
    because they are a supplier that they don't want the same standard of
    iving that you do.  Give them their profit and and they will give you
    yours. 

    I am not actively selling jewelry, but I do work in retail and the
    principles are all the same. 

Dale Hanson

____________________________________________________________________
T h e   O r c h i d   L i s t
Open Electronic Forum for Jewelry Manufacturing Methods and Procedures
____________________________________________________________________
Orchid FAQ:
~ http://www.ganoksin.com/orchid/faq.htm
Orchid Archives:
~ http://www.ganoksin.com/orchid/archive
Orchid Galleries:
~ http://www.ganoksin.com/orchid/gallery.htm
Invite a Friend:
~ http://www.ganoksin.com/invite.htm
____________________________________________________________________
Tips From The Jeweler's Bench - Article Archive
~ http://www.ganoksin.com/borisat/tip_sear.htm
The Jeweler's Selected Bibliography List
~ http://www.ganoksin.com/jewelry-books
Buy Orchid Jewelry:
~ http://www.ganoksin.com/shop
____________________________________________________________________
-Unsubscribe:
-Email: orchid-request AT ganoksin.com Body=unsubscribe subject=blank
____________________________________________________________________